Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022)
Target Hospitality's Long-Term Deferred Tax came in at $8.36 million for Q2 2022, down 51.7% from $17.31 million a year earlier and down 40.2% from the prior quarter.
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Analysis
Target Hospitality (TH) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends
At the end of FY2021, Target Hospitality's Long-Term Deferred Tax was $14.71 million, down 3.1% from FY2020.
- Long-Term Deferred Tax carries a three-year compound annual growth rate of 5.8% (FY2018 to FY2021).
- Going back by year, Long-Term Deferred Tax was $15.18 million in FY2020 (+136.2%), $6.43 million in FY2019 (-48.3%) and $12.42 million in FY2018.
- The Q2 2022 figure represents the lowest quarterly Long-Term Deferred Tax since Q1 2020.
- Year-over-year, Long-Term Deferred Tax has declined for three consecutive quarters, with growth averaging 49.9% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q1 2021 (growth of 161.3%), and the weakest in Q1 2020 (a decline of 55.2%).
- Business Quant data shows TH's Long-Term Deferred Tax at $13.99 million (Q1 2022), $14.71 million (Q4 2021) and $15.98 million (Q3 2021) in the three quarters before Q2 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 8.36 Mn |
| Mar 31, 2022 | 13.99 Mn |
| Dec 31, 2021 | 14.71 Mn |
| Sep 30, 2021 | 15.98 Mn |
| Jun 30, 2021 | 17.31 Mn |
| Mar 31, 2021 | 16.91 Mn |
| Dec 31, 2020 | 15.18 Mn |
| Sep 30, 2020 | 12.21 Mn |
| Jun 30, 2020 | 9.10 Mn |
| Mar 31, 2020 | 6.47 Mn |
| Dec 31, 2019 | 6.43 Mn |
| Sep 30, 2019 | 8.01 Mn |
| Jun 30, 2019 | 10.92 Mn |
| Mar 31, 2019 | 14.46 Mn |
| Dec 31, 2018 | 12.42 Mn |
API Access
Target Hospitality Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();